Price Reduction
Address
929 E Magnolia Avenue, Fort Worth, TX
Price
$ 75,000
Property Attributes
- MLS#20570354
- TypeLand
- CountyTARRANT
- CityFort Worth
- NeighborhoodGraves & Mcdaniels #1 Sub
- Zip76104
- StyleUnimproved Land
- Taxes$ 339
- Price$ 75,000
- Bedrooms0
- Full Bathrooms0
- Half Bathrooms0
- Lot Size0.115 Acres
Data Source:
North Texas Real Estate Info Systems (NTREIS)
Property Description
5,009 sq ft buildable lot offering significant potential in sought-after, qualified Opportunity Zone (OZ). This OZ asset provides a unique investment opportunity for an OZ investor with exclusive tax benefits including deferred taxes until 2027 and a step-up in basis to maximize returns with no tax on OZ appreciation. For accurate guidance on tax benefits, it's recommended to consult with a qualified tax professional
| Elementary School |
|---|
| Carrollpea Elementary School |
| Price History | |
|---|---|
| 4/1/2024 | Listed $89,900 |
| 5/2/2024 | 2% - $88,600 |
| 5/20/2024 | 1% - $87,900 |
| 6/11/2024 | 15% - $75,000 |
General Features
| Development Status | Other |
|---|---|
| Utilities | City Sewer,City Water |
| Possession | Closing/Funding |
| Easements | Other |
| current use | Unimproved |
| Restrictions | No Known Restriction(s) |
| School District | Fort Worth ISD |
| Unexempt Taxes | 339 |
| Will Subdivide | No |
| Property SubType | Unimproved Land |
| Subdivision Name | Graves & Mcdaniels #1 Sub |
| Zoning Description | Residential |
| County | Tarrant |
| Property Type | Land |
| HOA Type | None |
| Status | Active |
| Directions | Take State Hwy 121 S and TX-121 S to South Fwy in Fort Worth. Take exit 49B from I-35W S Take E Rosedale St and Evans Ave to E Magnolia Ave |
| City | Fort Worth |
| Buyer Agent Compensation | 2.5 |
| Elementary School Name | Carrollpea |
| High School | Polytechni |
| Elementary School | Carrollpea |
| Virtual Tour URL Unbranded | https://www.propertypanorama.com/instaview/ntreis/20570354 |
| Standard Status | Active |
| Buyer Agent Compensation Type | % |
Interior Features
| Lock Box Type | None |
|---|
Exterior Features
| Lot Features | Other |
|---|---|
| Lot Size | Less Than .5 Acre (not Zero) |
| Lot Size Area | 0.1150 |
| Lot Size Units | Acres |
| Lot Size Square Feet | 5009.4000 |
| Lot Size Acres | 0.1150 |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Land Average in 76104
Price
Taxes
Visits
© 2024 North Texas Real Estate Information Systems, Inc. All rights reserved. Disclaimer: All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor NextHome Premier Choice shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The database information herein is provided from and copyrighted by the North Texas Real
